Multiple Choice
Which of the following business events would NOT be recorded in a company's accounting records?
A) The company signed a contract to provide services in the next accounting period for $125,000.
B) The company paid a monthly utility bill of $1,000.
C) The company issued 100 shares of common stock for $75,000.
D) The company purchased two acres of land for future plant expansion for $600,000.
Correct Answer:
Verified
Correct Answer:
Verified
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